Clive Emson Auctioneers has unveiled its September auction catalogue comprising 179 lots.
The firm’s sixth auction this year, taking place on 20 September, features lots ranging in prices up to £3m across southern England and South Wales.
James Emson, Managing Director, said: “We have been instructed by clients, for a variety of reasons, to sell a diverse range of lots. These include 68 vacant residential properties, 45 buy-to-let homes and 25 commercial buildings, some of which are a ‘pick and fix’.
“This fantastically diverse catalogue which will appeal to all sorts of budgets, including first-time buyers as well as corporate investors. With new buying opportunities presenting themselves, there are also attractive returns to be had on rental income from commercial premises.”
A four-storey building in Kensington Church Street, W8 London, arranged as a retail unit on the ground and lower ground floors, with residential upper parts and a rear workshop, has a guide price of £2m-£2.2m and is let at £52,000 per annum (lot 145). Video: https://www.cliveemson.co.uk/properties/244/145/
Currently let at £330,456.90 per annum, a business centre on the outskirts of the cathedral city of Salisbury, Wiltshire, is guided at £2.8m-£3m; the gross return at the upper price is just over 11% (lot 69).
Let at £184,121 per annum, with an annual service charge of £121,820, a purpose-built office building in the international port of Dover, Kent, has a guide price of £1.6m-£1.8m (lot 23).
Also for ‘sail’ in the same county is The Lifeboat pub in Folkestone, which has two bedrooms on the second floor and is guided at £150,000 -£160,000; it was previously let at £18,200 per annum (lot 77).
In Hailsham, East Sussex, a detached five-bedroom barn with 14 acres of land, with planning permission for 30 dwellings on just under five acres, is guided at £1.9m-£2m (lot 97). Video: https://www.cliveemson.co.uk/properties/244/97/
A block of eight flats in the centre of Eastbourne, East Sussex, is guided at £1m-plus and is let at £93,900 per annum (lot 26).
Located in the Hampshire village of Alton, between Winchester and Aldershot, the former Kings Head pub has planning consent for six flats and is guided at £400,000 – £430,000 (lot 48).
On the Isle of Wight, 11 commercial units and the income from residential ground rents in Newport, generating £94,300 per annum, have a guide price of £750,000 – £800,000 (lot 122).
Guided at £350,000-plus is a former hotel with a converted granary building in mid Cornwall; Boscawen Hotel, in the village of St Dennis, St Austell, is arranged as two flats (lot 4).
With development potential, the former Mousehole Methodist Sunday School in Mousehole, Penzance, south-west Cornwall, with “fantastic sea views” over the fishing port and beyond to St Michael’s Mount in the bay, is guided at £325,000-plus (lot 49).
Land at Vicarage Hill, in the sailing town of Dartmouth, Devon, has planning permission for a generously sized house. Guide price: £25,000 – £50,000 (lot 51).
Chalked for “complete refurbishment”, a cottage in Somerton, Somerset, is guided at £175,000 (lot 50).
In the coastal town of Great Yarmouth, Norfolk, The Mariners Tavern has a courtyard garden and flat. The guide price is £150,000 – £160,000, with vacant possession on completion (lot 109).
In Penarth, South Glamorgan, South Wales, a plot of land in a residential area close to the seafront has a guide price of £10,000 – £15,000 (lot 46).
Full details: https://www.cliveemson.co.uk/properties/
